In the cryptocurrency market, smart traders have long shifted from "betting" to being option sellers (selling insurance/collecting rent). By leveraging Bybit's unified account and depth, using structured strategies to lock in win rates and risks, asymmetric profitability can be achieved Why is Bybit preferred for trading options? Three major hardcore advantages Closing positions early and locking in excess profits: Although it is a European option, Bybit supports closing positions in the secondary market at any time! Don't wait until the expiration date, put it in the bag and directly realize the "remaining time value". UTA+Portfolio Margin (PM) Mode: Spot, contract, and option position risks can be dynamically offset! When building a spread combination, the maximum margin occupancy can be reduced by over 80%, and the utilization rate of funds can be fully maximized. USDC linear settlement&top-notch depth of main contracts: clear and intuitive pricing, extremely low closing slippage, and close trading by professional market makers. 3 types of "dimension reduction strike" gameplay suitable for different market conditions 1. Bull Put Spread - High winning rate for intraday/weekly rental closing Applicable: optimistic about the effectiveness of support levels and strong oscillation. Gameplay: Sell Put at the near end support level (earn high premium), while buying Put at a lower exercise price (buy insurance). Advantage: Lock in the maximum loss, even in the event of a black swan crash, never liquidate the position, and make a steady profit in horizontal/slow rise time value! 2. Cash Secured Put - a discount buying tool Applicable: If you want to buy spot goods at an ideal low level (such as BTC $60000). Gameplay: Placing limit orders to buy at the bottom without any interest; Selling $60000 worth of Put did not result in a drop in the royalty, but instead fell below the discounted price of "$60000 royalty" and successfully bought the bottom! 3. Covered Call - Spot positions take profit with interest Applicable: Holding spot goods in hand, the market enters a narrow range of fluctuations. Gameplay: Sell 5% to 10% of the virtual value Call above. If it does not rise above the limit, the free profit premium will supplement the holding cost; If the surge is exercised, it is equivalent to passive profit taking with additional interest at the expected ideal high level. Open your compound income trading Abandon high-risk blind games and work for you with time decay and probability! BTC Bybit CryptoOptions options trading cryptocurrency UTA